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 Mainland China investors wont be able to buy Hong Kong Bitcoin ETFs

Mainland China investors wont be able to buy Hong Kong Bitcoin ETFs


Published: 2024-04-26


1. Bitcoin ETFs in Hong Kong and Mainland China - The article focuses on the development of Bitcoin exchange-traded funds (ETFs) in both Hong Kong and Mainland China. Hong Kong is set to become the first global financial center to introduce a Bitcoin ETF,following the approval of several cryptocurrency trusts. Mainland China is also exploring the possibility of launching a digital yuan ETF,highlighting the growing interest in crypto assets in the region.

2. Regulatory Environment - The article discusses the differences in regulatory environments between Hong Kong and Mainland China. While Hong Kong has been more open to embracing cryptocurrencies and innovative financial products,Mainland China has a more cautious approach due to regulatory concerns. The article highlights the challenges and opportunities for investors and regulators in navigating the evolving landscape of digital assets.

3. Global Implications - The introduction of Bitcoin ETFs in Hong Kong and the potential launch of a digital yuan ETF in Mainland China have global implications for the cryptocurrency market. These developments could attract more institutional investors and further legitimize the use of cryptocurrencies as a new asset class. It also reflects the increasing trend of governments and financial institutions embracing blockchain technology and digital currencies. (All details are summarized and are below 250 words)


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,091.30 2,527,276,824.60
2 BTC title=BTC 64,228.68 2,044,242,966.96
3 ETH title=ETH 3,119.43 1,152,063,144.48
4 SOL title=SOL 158.09 800,433,113.10
5 PEPE title=PEPE <0.01 418,887,171.91
6 XRP title=XRP 0.54 314,260,876.22
7 DOGE title=DOGE 0.16 307,680,282.13
8 WIF title=WIF 3.32 279,144,589.60
9 WLD title=WLD 6.21 192,878,698.44
10 BOME title=BOME 0.01 189,633,834.81
11 ENA title=ENA 0.91 179,277,272.75
12 RNDR title=RNDR 10.62 153,127,432.35
13 NEAR title=NEAR 7.63 145,590,694.27
14 RUNE title=RUNE 5.49 99,119,507.08
15 AVAX title=AVAX 37.22 98,853,672.16
16 BONK title=BONK <0.01 93,476,233.49
17 FLOKI title=FLOKI <0.01 72,941,441.99
18 AR title=AR 40.67 65,240,165.09
19 SUI title=SUI 1.11 62,349,731.27
20 ARKM title=ARKM 2.74 62,348,147.21
21 ORDI title=ORDI 39.91 60,880,971.93
22 ETHFI title=ETHFI 4.00 60,519,433.12
23 MATIC title=MATIC 0.72 57,498,378.79
24 JTO title=JTO 3.75 53,678,738.86
25 FTM title=FTM 0.71 49,982,879.16
26 ADA title=ADA 0.45 49,350,095.35
27 TRX title=TRX 0.12 46,644,428.99

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Ethernity Chain title=ERN 5.06 +10.78
2 Powerledger title=POWR 0.34 +9.66
3 Render title=RNDR 10.62 +7.54
4 Arkham title=ARKM 2.74 +6.69
5 Arweave title=AR 40.67 +5.30
6 Akropolis title=AKRO <0.01 +4.77
7 Jito title=JTO 3.75 +4.54
8 Voyager title=VGX 0.09 +3.94
9 BasedSwap title=BSW 0.09 +3.25
10 Polymesh title=POLYX 0.41 +3.08
11 SuperRare title=RARE 0.12 +2.76
12 iExec RLC title=RLC 3.16 +2.70
13 SingularityNET title=AGIX 1.03 +2.05
14 Ocean Protocol title=OCEAN 1.03 +1.91
15 TrueFi title=TRU 0.12 +1.89
16 NEAR Protocol title=NEAR 7.63 +1.73
17 Solana title=SOL 158.09 +1.67
18 Injective title=INJ 25.98 +1.05
19 Paris Saint-Germain Fan Token title=PSG 5.18 +1.02
20 IRISnet title=IRIS 0.03 +0.92
21 Raydium title=RAY 1.80 +0.88
22 BinaryX [OLD] title=BNX 0.97 +0.77
23 BakerySwap title=BAKE 0.27 +0.60
24 Firo title=FIRO 1.73 +0.17
25 Cortex title=CTXC 0.37 +0.08
26 League of Kingdoms title=LOKA 0.28 +0.04

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 REZ 0.15 -13.85
2 Bonk title=BONK <0.01 -8.99
3 Manta Network title=MANTA 1.73 -8.81
4 Tensor title=TNSR 0.86 -8.75
5 Convex Finance title=CVX 2.37 -8.53
6 Dymension title=DYM 3.18 -8.22
7 Optimism title=OP 2.75 -7.98
8 Starknet title=STRK 1.31 -7.61
9 Saga title=SAGA 3.21 -7.59
10 Polygon title=MATIC 0.72 -7.57
11 Prom title=PROM 10.17 -7.52
12 TerraClassicUSD title=USTC 0.02 -7.49
13 QuarkChain title=QKC 0.01 -7.41
14 Cats Of Sol title=COS 0.01 -7.29
15 dogwifhat title=WIF 3.32 -7.24
16 Portal title=PORTAL 0.81 -7.17
17 Shentu title=CTK 0.67 -7.08
18 Terra Luna Classic title=LUNC <0.01 -7.04
19 Ethereum Name Service title=ENS 14.85 -7.01
20 FLOKI title=FLOKI <0.01 -6.96
21 BOOK OF MEME title=BOME 0.01 -6.88
22 Pyth Network title=PYTH 0.53 -6.85
23 Pixels title=PIXEL 0.42 -6.72
24 PlayDapp title=PDA 0.08 -6.63
25 Internet Computer title=ICP 12.99 -6.59
26 Conflux title=CFX 0.22 -6.38
27 Sei title=SEI 0.55 -6.24
28 Hedera title=HBAR 0.11 -6.21
29 Metis title=METIS 60.02 -6.18
30 W 0.65 -6.06

Bitcoin's Greed and Fear Index.

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68
Greed

Global CryptoCurrency News

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6 SEC punts Galaxy spot Ethereum ETF decision to July 2024-05-07
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21 Crypto venture capital funding hits 1B for second straight month 2024-05-06
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US news that has a significant impact on the market

at news day date time
1 RCM/TIPP Economic Optimism Tuesday 07-05-2024 15:03
2 Consumer Credit m/m Tuesday 07-05-2024 20:00
3 Final Wholesale Inventories m/m Wednesday 08-05-2024 15:00
4 Crude Oil Inventories Wednesday 08-05-2024 15:30
5 FOMC Member Jefferson Speaks Wednesday 08-05-2024 16:00
6 10-y Bond Auction Wednesday 08-05-2024 18:01
7 FOMC Member Cook Speaks Wednesday 08-05-2024 18:30
8 Unemployment Claims Thursday 09-05-2024 13:30
9 Mortgage Delinquencies Thursday 09-05-2024 15:00
10 Natural Gas Storage Thursday 09-05-2024 15:30
11 30-y Bond Auction Thursday 09-05-2024 18:01
12 FOMC Member Daly Speaks Thursday 09-05-2024 19:00
13 FOMC Member Bowman Speaks Friday 10-05-2024 14:00
14 Prelim UoM Consumer Sentiment Friday 10-05-2024 15:00
15 Prelim UoM Inflation Expectations Friday 10-05-2024 15:00
16 FOMC Member Barr Speaks Friday 10-05-2024 18:30
17 Federal Budget Balance Friday 10-05-2024 19:00

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